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The squabbling over who is responsible for the massive data breach at Target stores resumed Thursday when a group representing retail banks rolled out a new set of numbers detailing how much the breach has cost banks.
February 6 -
The New York regulator questioned Ocwen's ability to handle more volume after an independent monitor reviewed the mortgage servicer's operations, a person familiar with the situation says.
February 6 -
Americans who buy prepaid cards from banks spend less on fees than those who buy their cards from nonbanks, according to new research from the Pew Charitable Trusts.
February 6
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Job and income growth could pave the way for lenders to loosen guidelines late in the year. In the meantime, new regulations and repurchase risk are keeping the industry gun-shy.
February 6 -
Citigroup (NYSE: C) and insurance company Assurant (AZ) have agreed to pay $110 million to settle charges that it forced thousands of homeowners to purchase expensive property insurance in order to profit from kickbacks and commissions.
February 6 -
The subprime credit card market, long down for the count, may finally be poised for a comeback.
February 6 -
The Ohio company expects to receive an additional $46 million from loans it had marked impaired when it bought Citizens Republic. Management also expects more cost cutting than it originally projected.
February 6 -
Executives at Magna Bank in Memphis took a chance on expanding their multifamily practice to low-income developments, and it seems to have been a good business move.
February 6 -
Bank of New York Mellon (BK) has named veteran banker Ian Stewart as the new chief executive of its treasury services business.
February 6 -
Citigroup and Bank of America emerged as the big winners in a study of the best web features at 17 banks. But lenders that primarily serve customers online are gaining ground with user-friendly tools.
February 6
